Steel rate in Pakistan
Steel is an essential item for buildings and construction purposes. People always need to know the steel rates for personal or commercial purposes. So, it is necessary to check the steel rates in Pakistan before making instant decisions.
There are many grades of steel/Saria in Pakistan. Rates for all the categories are also different.Â
As of today 2024, the Saria Steel rate in Pakistan is Rs. 320 per kg for steel grade 40 and Rs. 420 per kg for steel grade 60.Â
There are many grades of steel/Saria in Pakistan. Rates for all the categories are also different.
Today Steel Rate in Pakistan |Today 2024
Table of Contents
Grade 60 and Grade 40 Steel Rate Today
| Steel Iron Rod Size in Sutar/mm | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
|
3 sutar / 10mm |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
RS. 246 Per KG |
RS. 246,000 Per Metric Ton |
|
4 sutar / 12mm |
RS. 242 Per KG |
RS. 242,000 Per Metric Ton |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
|
5 sutar / 16mm |
RS. 242 Per KG |
RS. 242,000 Per Metric Ton |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
|
6 sutar / 20mm |
RS. 242 Per KG |
RS. 242,000 Per Metric Ton |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
|
7 sutar / 22mm |
RS. 262 P8er KG |
RS. 262,000 Per Metric Ton |
RS. 263 Per KG |
RS. 263,000 Per Metric Ton |
|
8 sutar / 25mm |
RS. 260 Per KG |
RS. 260,000 Per Metric Ton |
RS. 263 Per KG |
RS. 263,000 Per Metric Ton |
See Also Water tank price in Pakistan
Local Steel Price in Pakistan
| City Wise Local Steel | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
|
Karachi |
RS. 246 Per KG |
RS. 246,000 Per Metric Ton |
RS. 248 Per KG |
RS. 248,000 Per Metric Ton |
|
Lahore |
RS. 242 Per KG |
RS. 242,000 Per Metric Ton |
RS. 243 Per KG |
RS. 243,000 Per Metric Ton |
|
Peshawar |
RS. 237 Per KG |
RS. 237,000 Per Metric Ton |
RS. 238 Per KG |
RS. 239,000 Per Metric Ton |
|
Islamabad |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
RS. 245 Per KG |
RS. 246,000 Per Metric Ton |
|
Faisalabad |
RS. 239 Per KG |
RS. 239,000 Per Metric Ton |
RS. 241,000 Per Metric Ton |
RS. 263,000 Per Metric Ton |
|
Gujranwala |
RS. 238 Per KG |
RS. 238,000 Per Metric Ton |
RS. 239 Per KG |
RS. 240,000 Per Metric Ton |
|
Quetta |
RS. 246 Per KG |
RS. 246,000 Per Metric Ton |
RS. 248 Per KG |
RS. 248,000 Per Metric Ton |
|
Multan |
RS. 244 Per KG |
RS. 244,000 Per Metric Ton |
RS. 246 Per KG |
RS. 246,000 Per Metric Ton |
Branded Steel Price Today
| Brand Name | 40 Grade Rate in KG | 40 Grade Rate in Metric Ton | 60 Grade Rate in KG | 60 Grade Rate in Metric Ton |
|---|---|---|---|---|
|
Amreli Steels |
RS. 270 Per KG |
RS. 270,000 Per Metric Ton |
RS. 272 Per
KG |
RS. 272,000 Per Metric Ton |
|
Mughal Steel |
RS. 268 Per KG |
RS. 268,000 Per Metric Ton |
RS. 270 Per KG |
RS. 270,000 Per Metric Ton |
|
Agha Steel |
RS. 266 Per KG |
RS. 266,000 Per Metric Ton |
RS. 268 Per KG |
RS. 268,000 Per Metric Ton |
|
AF Steel |
RS. 264 Per KG |
RS. 264,000 Per Metric Ton |
RS. 266 Per KG |
RS. 266,000 Per Metric Ton |
|
Moiz Steel |
RS. 264 Per KG |
RS. 266,000 Per Metric Ton |
RS. 268 Per KG |
RS. 268,000 Per Metric Ton |
|
Union Steel |
RS. 269 Per KG |
RS. 269,000 Per Metric Ton |
RS. 271 Per KG |
RS. 271,000 Per Metric Ton |
|
Naveena Steel |
RS. 265 Per KG |
RS. 263,000 Per Metric Ton |
RS. 266 Per KG |
RS. 268,000 Per Metric Ton |
|
Taibah Steel Re Rolling |
Rs. 258 Per Kg |
RS. 258,000 Per Matric Ton |
Rs. 262 Per Matric Ton |
262,000 Per Matric Ton |
Factors Influencing Steel Rates in Pakistan
Several factors influence steel rates in every city of Pakistan. Some factors are:
Supply and demand
The supply and demand are the most important factor for any item. If there is much demand, the rate will be high, and when there is no demand, the rate will be low.
Transportation costs
Transpiration costs also run the prices of iron and steel because of importing and exporting matters.
Material costs
Price also depends upon the material of steel and the quality of the material used in steel.
Shipping and labour costs
The manufacturing and labour costs also play a role in influencing the price of steel because of service charges.
Currency fluctuations
As Pakistan’s currency has less value, the change in currency from the international market also affects Pakistan’s steel rate.
Exchange rates
The exchange rate also affects the prices of steel in Pakistan.
For a comprehensive understanding of economic trends,including the precious metals prices, consider the stay updated about chandi rate in Pakistan for a well understanding of economic trends.This extended view can give insights into relevant factors raising many commodities, including steel.
Major Steel Companies in Pakistan: A Closer Look
Pakistan has some of the best and most popular steel companies. Here are some:
- PSM (Pakistan Steel Mills)- Located in Karachi
- Amreli Steels Limited- Located in Karachi
- Aisha Steels Mills Limited- Located in Karachi
- Ittehad Steel- Located Headquarters in Islamabad
- International Industries Limited- Lahore bases steel company
- Mughal Steel- Located Headquarters in Lahore
- Fazal Steel Limited- Based in Islamabad
- Model Steel Group- Located in Lahore
- Bilal Steel Mills- Based in Lahore
How to check Steel/Saria Quality?
Checking the quality of steel before making any deal is very important. There are some methods to check the steel quality in Pakistan:
- Check the grade of the steel
- Check the visuality of the steel
- Check the certification details
- Check the original slips
- Buy the steel from a well-known company and trustable buyers
Precautionary Measures for Steel in Pakistan
The workers should follow the precautionary measures:
- While working with steel, workers should wear special helmets for their defence.
- Wear shoes with hard soles while working with steel.
- Also, use safety gloves for hands while working with steel to avoid any harm.
- Lift the steel rods very carefully.
Pros and cons of Steel in Pakistan
There are both pros and cons of Steel/Saria.
Pros of steel
- Steel is popular due to its strength and durability.
- Steel can be used in various forms and manners due to its versatility.
- Steel is fire resistant, so it is well-known in buildings due to its fire-safe concern.
- Steel rods are popular because of their design flexibility. You can change the shape of steel rods with a hammer.
Cons of steel
- Steel is very hard and heavy to handle. It isn't easy to transport and lift the iron rods.
- Many steels are corrosion-resistant, but some still face corrosion.
- Initial costs for using steel are much higher.
- Steel is a good conductor of heat but not electricity.
What determines the Steel rate in Pakistan?
The cost of steel internationally, Pakistan’s demand for the steel, availability, government regulations and taxes determine the rate of steel in Pakistan.
Outlook for Future Steel Rates in Pakistan
The rate of steel in Pakistan is stable now, but some points like market and economic circumstances, global trends of steel, and government regulations and taxes for steel should be considered.
Conclusion
In conclusion, the steel industry in Pakistan remains essential for construction projects, commercial projects, and industrial growth. As Pakistan continues to point out the economic challenges and work on its development goals, a successful and competitive steel sector will remain essential for running progress and prosperity in the country.
Many factors influence the steel rate in Pakistan, like transportation costs, material costs, exchange rates, currency changes, and government policies. These factors are playing a role in the cost of steel in Pakistan.
FAQs
What is the current steel rate in Pakistan?
The price of 40-grade steel is Rs. 274, and the cost for 6-grade steel in Pakistan is Rs. 270 today.
What is the total demand for steel in Pakistan?
Over the previous five years, the steel demand has been 7.3 million tons per year.
How many steel mills are there in Pakistan?
There are many steel factories in Pakistan, but proper steel mills are 20+.
Which steel mill is best in Pakistan?
Ittehad is one of the best steel mills in Pakistan.
What is the material of steel?
Steel is an alloy of carbon and iron.
Is steel a mineral?
No, steel is not a mineral. It is a product that is human-made.
What is steel used for?
Steel has a great use in Pakistan. Steel is used in our daily machines, like cars, construction products, refrigerators, washing machines, ships, and surgical instruments.
How much steel will be used for 5 Marla houses?
Around 1200-1500 kg of steel will be used for five marla houses in Pakistan.
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